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Google agrees £130m UK tax deal

Google has agreed to pay £130m in owed taxes following a six-year inquiry by HM Revenue & Customs. The BBC reports the payment relates to money owed since 2005. Google says the deal will also see the online search firm pay more in UK tax in the future. Google paid £20.4m in UK taxes in […]

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M&G poaches Aberdeen CIO as new chief exec

M&G Investments, the investment arm of Prudential, has appointed Aberdeen Asset Management chief investment officer as its new chief executive. Current chief executive Michael McLintock has decided to retire from the helm of M&G, and as an executive director of Prudential. McLintock has been M&G since 1992, and been chief executive since 1997. He also […]

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Bank of England holds rates at 0.5%

The Bank of England’s Monetary Policy Committee has voted unanimously to keep the base rate at 0.5 per cent. The committee voted 9-0 to keep base rates at their current low levels. At the last meeting just one member, Ian McCafferty, voted for a rise, saying he expected inflation to increase faster than the committee’s expectations. […]

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Case study: administration — implementing a management log

Our client is a leading video game and publishing company best known for its console role-playing game franchises. The client provides a number of benefits, at varying levels and cost that attract a P11d liability. With the absence of a management log to track data for benefit movements, enormous administrative and therefore cost implications were occurring each year just to comply with P11d reporting requirements.

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